China Allows More Aquatic Products from Papua New Guinea

China's customs agency announced new guidelines for imports of wild aquatic products from Papua New Guinea. This announcement opens the door to more aquatic products from the Pacific country, which are also likely to be helped by the lifting of COVID-related import restrictions that had largely curbed

Cargo Railway Services between China and North Korea Resume, Chinese Official Says

A Chinese Foreign Ministry official confirmed that the railway service that carries cross-border goods has resumed between North Korea and China, a move likely to boost bilateral trade, which had been slowed by COVID measures in border cities.

Canadian Prime Minister Discusses Canada-China Relations

Last week, Canadian Prime Minister Justin Trudeau offered some brief comments on Canada-China relations, in which he called China "a real challenging actor in the [Pacific] region," and as a new Canadian Ambassador to China was appointed.

China and Ecuador Restructure Debt, Continue Trade Talks

Last week, China and Ecuador announced an agreement to restructure Ecuador's $4.4 billion in outstanding debt, and also advanced trade talks and said they hoped to reach a trade deal by December.

Commerce Department Finds Neodymium Magnet Imports Threaten National Security, But Won't Impose Tariffs

Last week, the Biden administration announced that a U.S. Commerce Department investigation "found that [Neodymium-iron-boron] magnet imports threaten national security," and that President Biden agreed with that determination. The Biden administration said it would take a number of actions to address the threat, but tariffs

Florida Governor Takes Actions against Chinese Cyber, Investment Threats

Florida Governor Ron DeSantis has announced several actions related to the activities of Chinese companies in Florida, including on data practices and land purchases.

CTM Weekly Newsletter

This past week, CTM covered the following issues. In China: * International meetings with the GCC and South Korea * Launch of an expiry review of a countervailing duty and a report to the WTO on existing countervailing duties * Officials expressed concern about U.S. legislation that discriminates against Chinese products * The
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